Comptroller Critical of New York Standardbred Fund; Portion of Monies Comes From Thoroughbreds

A New York state authority that supports Standardbred purses and breeding has lax internal financial controls, according to an audit released Tuesday by state Comptroller Alan Hevesi.

The New York State Horse Breeding Development Fund helps support the state’s harness industry, but gets part of its funding from the state’s four Thoroughbred tracks and off-track betting

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A New York state authority that supports Standardbred purses and breeding has lax internal financial controls, according to an audit released Tuesday by state Comptroller Alan Hevesi.

The New York State Horse Breeding Development Fund helps support the state’s harness industry, but gets part of its funding from the state’s four Thoroughbred tracks and off-track betting corporations

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Tom Precious also writes for The Blood-Horse, sister magazine to The Horse.

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